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Solana Rallies On USD 314M Investment News


Anatoly Yakovenko, Founder and CEO of Solana. Source: A video screenshot, Youtube/Solana Solana (SOL) said it raised USD 314m in order to accelerate the growth of this blockchain platform, fueling a rally in the market. At 13:09 UTC, SOL, ranked 11th by market capitalization, trades at USD 42.6...

Solana (SOL) Taking the Fight to Ethereum Supremacy!


There has been a strong buzz around the Solana blockchain and SOL cryptocurrency. As SOL skyrocketed in value in 2021, it moved from close to $1 to make an all-time high of $61. The intention of Solana to revolutionize the DeFi network is the core sentiment behind the buzz in Solana.  Solana...

SOLANAX: FASTEST Decentralized Exchange Built on Solana Blockchain


Disclaimer: The text below is a press release that was not written by Cryptonews.com. The Bunker of Global Decentralized Finance Solanax is a new DeFi protocol built on top of the Solana network that will catapult Decentralized Finances to unprecedented performance levels. As a decentralized...

Solana Aims to Raise $450 Million to Battle Ethereum Supremacy


Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, would use these funds to take on Ethereum supremacy...

Metaplex NFT marketplace launches on Solana


“NFTs present a real opportunity for artists to create and derive more value than ever before, and we saw an opportunity to solve the existing challenges and barriers to entry that many are currently facing with Metaplex,” said Raj Gokal, COO of Solana Labs

Tether Reaches 30 Billion USDT Issued on Tron


Tether, the largest stablecoin by market cap, has reached a milestone by issuing 30 billion USDT on top of the Tron blockchain. While the stablecoin is now present on several chains, including BSC (Binance Smart Chain) most of it is now on Tron due to the blockchain’s low transaction fees...

The Launch of Nerve Finance On Solana To Help DeFi Users


Leading Automated Market Maker solution for trading stablecoins and pegged tokens on the Binance Smart Chain, Nerve Finance has successfully launched the protocol on Solana, a trusted blockchain portal. In a short span of two months from its launch period, the Nerve community has expanded to...

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